Share Alternative definition
Examples of Share Alternative in a sentence
Failure to Deliver: Inapplicable Other applicable provisions: If Share Alternative Termination is applicable, the provisions of Sections 9.1(c), 9.8, 9.9, 9.11 (as modified below), 9.12 and 10.5 of the Equity Definitions will be applicable as if Physical Settlement were applicable.
In aggregate, the maximum number of Rollover Shares available to be issued to eligible Hotel Chocolat Shareholders under the Partial Share Alternative will be limited to the equivalent of 30 per cent.
SMBC has undertaken to elect the Share Alternative only as the form of Cancellation Consideration for the cancellation of all of the IU Scheme Shares held or owned by it.
The CH2M HILL Share Alternative enables each eligible Scheme Shareholder to elect, in respect of some or all of his Scheme Shares, to receive New CH2M HILL Shares on the following basis: As stated in Part 9 of this document, the CH2M HILL’s share price is determined quarterly by the CH2M HILL Board pursuant to the valuation methodology outlined in paragraph 1.4 of Part 9 of this document.
Scheme Shareholders may elect the Cash Alternative or the Share Alternative or a combination of both the Cash Alternative and the Share Alternative as the form of Cancellation Consideration in respect of their entire holdings of Scheme Shares.